aiomql/docs/contrib/trackers/position_tracking_functions.md

position_tracking_functions

aiomql.contrib.trackers.position_tracking_functions — Pre-built tracking functions.

Overview

Provides ready-to-use tracking functions for the PositionTracker. These functions automate common position-management actions like trailing stops and take-profit extensions.

Functions

trailing_stop(position, *, pips, …)

Implements a trailing stop loss.

Adjusts the stop loss to trail behind the current price by a specified pip distance. Only modifies the stop if the new level is more favourable than the existing one.

trailing_take_profit(position, *, pips, …)

Extends the take profit as price moves favourably.

Adjusts the take-profit level when the position's profit exceeds a threshold, locking in additional gains.